New Zealand: Preserved Asparagus Market 2025

Preserved Asparagus Market Size in New Zealand

The New Zealand preserved asparagus market contracted markedly to $X in 2022, waning by -23.7% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Preserved Asparagus Production in New Zealand

In value terms, preserved asparagus production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a dramatic decrease. Preserved asparagus production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Preserved Asparagus Exports

Exports from New Zealand

For the third year in a row, New Zealand recorded decline in overseas shipments of preserved asparagus, which decreased by -39.9% to X kg in 2022. In general, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2019 when exports increased by 58%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved asparagus exports contracted dramatically to $X in 2022. Over the period under review, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2019 with an increase of 45%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cook Islands (X kg), Australia (X kg) and Norfolk Island (X kg) were the main destinations of preserved asparagus exports from New Zealand, with a combined 85% share of total exports. Papua New Guinea, Niue and Vanuatu lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of +5.4%), while shipments for the other leaders experienced a decline.

In value terms, Cook Islands ($X), Australia ($X) and Niue ($X) constituted the largest markets for preserved asparagus exported from New Zealand worldwide, together accounting for 73% of total exports. Norfolk Island, Papua New Guinea and Vanuatu lagged somewhat behind, together accounting for a further 27%.

Papua New Guinea, with a CAGR of +16.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average preserved asparagus export price amounted to $X per ton, with an increase of 21% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved asparagus export price increased by +38.9% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 58%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Niue ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niue (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Asparagus Imports

Imports into New Zealand

Preserved asparagus imports into New Zealand fell notably to X tons in 2022, with a decrease of -30.7% on 2021. Over the period under review, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2013 when imports increased by 184%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, preserved asparagus imports dropped remarkably to $X in 2022. Overall, imports showed a slight decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 222% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons) constituted the largest supplier of preserved asparagus to New Zealand, accounting for a 85% share of total imports. Moreover, preserved asparagus imports from Peru exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Peru amounted to +10.9%.

In value terms, Peru ($X) constituted the largest supplier of preserved asparagus to New Zealand, comprising 86% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Peru amounted to +11.9%.

Import Prices by Country

In 2022, the average preserved asparagus import price amounted to $X per ton, picking up by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 30%. The import price peaked at $X per ton in 2017; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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